Well Health Technologies Corp. (T:WELL)
Business Focus: Healthcare Facilities & Services (NEC)
Mixed as of April 01, 2024
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Insider Filings
Latest 10 SEDI filings for WELL within the last 6 months
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Company News
May 08, 2024 07:00 ET
WELL Health Reports Record Quarterly Revenue and Record Net Income for a first quarter in Q1-2024 and Increases Both Revenue and Adjusted EBITDA Guidance for 2024
WELL achieved record quarterly revenues of $231.6 million in Q1-2024, an increase of 37% as compared to Q1-2023 driven by acquisitions and organic growth of 13% which includes growth related to our clinic absorption program.WELL achieved Adjusted EBITDA(1) of $28.3 million in Q1-2024, an increase of 6% as compared to Q1-2023. WELL's Canadian business grew its Adjusted EBITDA in Q1- 2024 by 19% to $14.6 million on a YoY basis.WELL achieved Net Income of $19.6 million or $0.06 per share in Q1-2024 as compared to a loss of $10.6 million in Q1-2023 and Adjusted Net Income (1) of $20.2 million or
May 08, 2024 07:00 ET
WELL Health Reports Record Quarterly Revenue and Record Net Income for a first quarter in Q1-2024 and Increases Both Revenue and Adjusted EBITDA Guidance for 2024
WELL achieved record quarterly revenues of $231.6 million in Q1-2024, an increase of 37% as compared to Q1-2023 driven by acquisitions and organic growth of 13% which includes growth related to our clinic absorption program.WELL achieved Adjusted EBITDA(1) of $28.3 million in Q1-2024, an increase of 6% as compared to Q1-2023. WELL's Canadian business grew its Adjusted EBITDA in Q1- 2024 by 19% to $14.6 million on a YoY basis.WELL achieved Net Income of $19.6 million or $0.06 per share in Q1-2024 as compared to a loss of $10.6 million in Q1-2023 and Adjusted Net Income (1) of $20.2 million or
Valuation Ratios
Industry
Sector
Beta
1.29
--
--
Price to Sales - TTM
1.15
1.56
3.85
Price to Book - most recent quarter
1.20
1.95
2.39
Price to Cash Flow per share - TTM
8.77
8.10
9.51
Price to Free Cash Flow per share - TTM
16.17
15.05
13.51
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Apr 30, 2024 | 2,405,276 | 322,954 |
| Apr 15, 2024 | 2,082,322 | -606,066 |
| Mar 31, 2024 | 2,688,388 | 680,411 |
Business Summary
| Sector: Healthcare | Industry: Healthcare Facilities & Services |
WELL Health Technologies Corp. is a practitioner-focused digital healthcare company. The Company develops technologies, services, and support available, which ensures healthcare providers are empowered to positively impact patient outcomes. Its business units include Canadian Patient Services, WELL Health USA Patient Services and SaaS and Technology Services. WELL Health USA Patient and Provider Services includes Primary Circle Medical, Primary WISP, Specialized CRH Medical, and Specialized Provider Staffing. Its healthcare and digital platform includes front and back-office management software applications that help physicians run and secure their practices. Its focused markets include the gastrointestinal market, women's health, primary care and mental health. Its solutions enable 34,000 healthcare providers between the United States and Canada and power owned and operated healthcare's in Canada with 165 clinics supporting primary care, specialized care and diagnostic services.
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